514 Lost Oak Cir, Watervliet, MI, 49098 | $2,785/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2089 sft

Elements 2090 Plan, Marquette Woods, Saint Joseph, MI, 49085

4 Bed
3 Bath
3481 sft

15170 77th St, South Haven, MI, 49090

3 Bed
1 Bath
1276 sft

859 Kingsley Ave, Saint Joseph, MI, 49085

3 Bed
3 Bath
2614 sft

3948 Kristine St, Saint Joseph, MI, 49085

Nearby investment properties with comparable prices

3 Bed
2 Bath
1612 sft

4262 Arrow Wood Curv, Benton Harbor, MI, 49022

2 Bed
2 Bath
1081 sft

1607 Hickory Trace Dr, Stevensville, MI, 49127

3 Bed
2 Bath
1500 sft

509 Bauer St, Dowagiac, MI, 49047

4 Bed
2 Bath
1456 sft

7146 Lakeview Ave, South Haven, MI, 49090

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in Watervliet at 514 Lost Oak Cir, Watervliet, MI, 49098 offers $4,573/mo rent that, after a $1,321/mo payment, leaves $2,785/mo cash flow. Total monthly income is $4,573/mo, and annual cash flow is $33,420/yr on $89,465 cash. Return on cash invested measures 57.26% in year one, and rental yield stands at 20.33% at a $269,880 entry. Equity gained on principal adds $1,741/yr while 5% annual appreciation compounds into $74,563 by year five. Five-year ROI records 303.79% and total cumulative return in cash reaches $271,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,573/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

0.33 Acres lot

$N/A/sqft

$98 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,880 (100%)
Owner Occupied HU	1,776 (61.7%)
Renter Occupied HU	544 (18.9%)
Vacant Housing Units	560 (19.4%)
Median Home Value	$207,993
Average Home Value	$291,250